|
� ,°"". ' ' , ; .. �; ._. ;�"_i1._.�^ : � , . _. . - _-__ - =,
<br /> '
<br /> .i .. . . ..., r.��J. .. .. . �.-?-r-n -- .-
<br /> . �. '� . . .. . _ . .. ' 1 - —___
<br /> .1tYU' ^�n.n•e.u.�,��W,�_ �r ,.._•✓-'`d4 �� .. ...�r�-.i: r»r _ L :-- ... ._ _-.--.
<br /> �}` . . ..i�. • - - '
<br /> ., .. �;•��.. ,..
<br />:.c.rJ�Or . _.._.. 71t+�xrfr�w�:r:.�.i------ �`-----�---�---�... --- ---
<br /> :�>rt�.���ra
<br /> 'SF d °
<br /> • �: ��� ��9���i� -
<br /> �
<br />.���; a.AS3I(iNMEN'I'OF L�ASE�. Upon I.end�r':�reqacst,Boaower shall assign to Lender all lcs�scs of the �;_
<br /> ._�� Property and all security dcposits made in connec�on with leases of the 1'mpt�rty. Upon tho asslgnmcnt,i.cudcr R=_
<br />-���:; shall heva tha dght ta Qnodify,extend or terminaec�he cxisdng leascs end to execute new leases,in l.ender's sole �=''
<br /> ,'`"'�� discredon.As used in this parograph G,ths word "Icase"sHoll mcan "subleMse'" If the Securiry Instrument is an a �
<br /> E-
<br /> -�_--' �l'�'SLhflld. i+nnra/c+n. ��w��MD TN P(1CSiF£.@i�iN,
<br />_:���� li. AS�IGNM�N7' Ul� It�lYl$� EIYCUiirine�i�i vr a.�a.+:�:.....� _
<br /> ,,�,� Borrowcr nbsolutcly and uncanditionWly assigns wnd transfers w Lendcr sU thc rents and revenucs("Rents")af the _
<br />,:,_�-- Property,regardlcss of to whom the Rents of the Pcoperty are payable.Bono�ver aulhorizes I.endcr or Lendcr's
<br />_;,�� agenta to ec�lls�ct the Rents,and agrecs that each lenant of the Property shall pay the Rents w Lender or L.ender's —
<br /> - agents.Howevcr,Honower shall receivo the Rents undl(i)I.ender has given Boaower norice of default pursuant to
<br /> �-_ paragraph 21 of the Securlty Instrum�nt a��d(ti)I..ender has given notice co the u:nant(s) that the Rents ere W be =_
<br /> :�.:.� paid to I.cnder or Lender's e�ent 'Y'his nssignr�ent of Rcnts consdtutes an absolute assignment and aot an
<br /> - �= assignmcnt for addidonal security only.
<br /> -- Yf Lender giv�s nodcn:of brcach to Borrower:p)nll Rents recelved by Hoarower shall be held by Bonawer sis
<br /> wstee for the benefit af Lender only,to be npplied w tlie sums secw�ed by the Securiry Instrument;(ii)I.ender shall
<br /> be cnnded to collect and receive all of thu 1Rcnts of the Property; (ili) Bomower agrees that each tenant of the
<br />_ _� Propeity shall pay mll Rcnts dus and unpaid to Lcader or Lender's agents upon Lender's wdtten demend to the '
<br /> tenan� (iv) unless appficable law provides otherwiso. all Rents collectrd by L.endcr or Lender's agenis s�sll bc
<br /> - spplied firat to the costs of tsking w�etrol of and m,,enaginB the Property and collecting the Rents,includL►g,but nat
<br /> -- llmited co,attomeys' fces,recei�er's fees,premiums on receiver's bonds,repair and maintenunca costs,insurence
<br /> ---- pnmiums. taxes. assessments nnd other charges an the Property� and then to the sums secnred by the Security
<br /> Insuumeru;(v)L.cndes.Lender's agents or eny Juc�iclally appo3nted receiver shsill be llable to ecwunt for anly tho.sc
<br /> � Ftents ecWally received;and(vi) Lendcr shall b�entided to heve a re�eivcr appainted to takc gossession of and
<br /> marwge the Propeay and colle,ct the Rents and proCt9 derived from the Properry withaut any showing as to the
<br /> inadoquacy of the Properry as sec�uriry•
<br /> — If the Rents of the Property are n�t suf�ici�nt w cover the costs of taking conorel of and managing the
<br /> Property and of collacting the Rents any funds expcnded hy Lender for such purposes shall become indebtedness of
<br /> -- Botm�vu to Lender�urcd by ti�e Security Ins�ument pursuant to Unifonn Covenant 7. ` n�_
<br /> Borrower represents and wamints Ihat Borrnwu nas not execused any prior aa�ig�uiic+�i�a L'�a rH�i���!t'.:.�
<br /> not end wiU not peifonn eny act that wonld preventLender from exercis:tng its rights under thls paragaPh.
<br /> I.endu,or I.endu's agents or a judicially appointed ceceiver,shtill nat be required to e�►ter upon,talce contcol
<br /> of or maintau� the Pnnperty before or after giving notice of default to Borcower. However.Lend�er.or L.cnder's
<br /> agents a a judicially appointed ra;eiver,may do so at any time when a default occure. Any applicadon of Rents
<br /> shall nnt cure or waive any ckFault or lnvalidace any other right or remedy of Lender.'[t�is assignment af Rents of
<br /> tho pmperty shall tem�inate when all the sums secauod by thr Securiry Instrument are pa�d in full.
<br /> I.CROSS•DEFAULT PROVISION. Sarowu's defeult or breach under any note or agrecment in
<br /> whi�h Lendu has en interest shall be a bmach under the Securlty Instrument ancl Lendec maY invoke sny of the
<br /> �medies�errrutted by the Sectuity Inswment
<br /> BY SIGNIN(3�BLOW.Sorrower acccpw and egrces co the terms and provis�ans cantained in this 1-4 Family
<br /> Rider.
<br /> . -� a
<br /> .r✓� (Sca]) ' 1' ��'`��)
<br /> IN P BARNEB •Bortowar �M� R A�NES -Boaowcr
<br /> �SeSI) (SGil)
<br /> •Bonower -Boirower
<br /> �•6T (0304J.01 Pap�2 012 Foint 3770 3199
<br />— ---_ ; � .
<br /> — —■ • _
<br /> � —-- --- �.,.�.,.-..r...-...-cr,...,.er - - - - . .. . _ :.. _
<br /> � - .r•r . . . , ' . . ::,�:'..��,',af t I �,`�y, �.�v�Sj(�� �- ` �v
<br /> t 7-'� �� r ? ' �:S' I � tyty��� � -
<br /> �III . . _ �.. . . . . . ` i_ _...��. I 4y��.' �'�'C .�.��•YL11f� /F".__-
<br /> t L`T��)�, TC TF H.i"`'✓"C;�`
<br /> . .
<br /> r_.
<br /> �
<br /> . �� . .
<br /> .
<br /> :� ,I. .1. . �
<br /> �.
<br /> -- .. .
<br /> - . . -
<br /> "��s„ �, . ._. - _: �• � - 'T --�31�x Lni(4>h•' �.tt+z ^� ..
<br /> �. ,.
<br /> ..-- - . _. _._ .-- --- -- - - -
<br /> . �,n- _�..-�� �- -._.. _----:: --_-.z- .. _ .��-^- - -�._ �,w,��„a..� ¢ _a .. T -, .., - .
<br /> __��-, � .1..•.�.`���• �`+.�. ' .. y�' ' __
<br /> _j��YL .. t . .. . .. .. . . . .�._�� L� .. r r... ''}�l; �r � _-
<br /> ,1 I `n,, �MJ� � {I rr-
<br /> •w�w�..+�� -' `•� � .. • ..QM+I�J r• K R St , . �}•``
<br /> r ;�F . . . p.s..:l.`ll"F'}' � ,'1 ..�� . .. '1 ta
<br /> s�.3 . • ,y i, '��.m�'•�•. 'ti: _ .. . -
<br /> r 1. ., �, �• ; t �.�`��a • ' .
<br /> k .,�.tic oij#•' „F
<br /> -- �'r?" j� � ' '"�� rK:!s{:-� . , �
<br />:i�.ti-�'." � , . „ � ..,�,UiE. '���.i�r� . ,r .*-, ... : �
<br /> ic°i::;}` ., , . ' •� _ '.y�!��;''z_ .
<br />:�':�.a , �. . •ly` ' i.-•'' �' ,
<br /> � . i� i ,��- "r -.i.r .
<br /> �rrx � �� :-aa '�� T; ,'�.�'
<br /> :s�; , . , ", ., • ,� ,�,��"-.�'�.';��.; i.�,:':
<br /> • �. .. * �';.
<br /> \ , �'s. •}� , ,. i�' .
<br /> ,.�� ,
<br /> �
<br /> . .
<br /> .� . .
<br /> .. .. I '�J' .
<br /> .
<br /> _ , y ,. . , � .. �,�. ,,:: ..._.,_.�_."��.13:':.:.�t''`s:�;'_Y�..-..._
<br />
|